Industry News, Printers News

Crown Holdings, Inc. Reports 1Q 2017 Results

Net sales in 1Q 2017 were $1,901 million compared to $1,893 million in 1Q 2016.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Crown Holdings, Inc. announced its financial results for the first quarter ended March 31, 2017.   Net sales in the first quarter were $1,901 million compared to $1,893 million in the first quarter of 2016 reflecting increased beverage, food and aerosol can volumes and the pass through of higher material costs to customers, partially offset by $54 million of unfavorable currency translation impact.   Income from operations was $237 million in the quarter compared to $219 million in the first...

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